401(k) · DOL Form 5500 · 2023
Hillenbrand, Inc. 401(k) Plan
Data updated 2026-08-11
- $512M
- Total assets
- 3,008
- Participants
- 97th
- Percentile by assets
- $170,121
- Avg per participant
Official DOL plan name: Process Equipment Group 401(k) Savings Plan · Sponsored by Hillenbrand, Inc. · Indiana · Management of Enterprises
$512M in assets, 3,008 participants
Hillenbrand, Inc.'s Process Equipment Group 401(k) Savings Plan reported $512M in total assets and 3,008 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 127,072 plans)
- #1,029 in Management of Enterprises (1,137 peers)
Coverage in Indiana
Process Equipment Group 401(k) Savings Plan covers 3,008 participants in Indiana, 5.6x the typical Indiana plan (state average ~541 per filing). Assets: $512M.
- $512M
- total plan assets (2023 EOY)
- 3,008
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $170,121
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Process Equipment Group 401(k) Savings Plan reported net income rose from -$100M in the plan year 2022 filing to $69M in the plan year 2023 filing.
- Process Equipment Group 401(k) Savings Plan end-of-year assets rose from $437M in the plan year 2022 filing to $512M in the plan year 2023 filing.
- Process Equipment Group 401(k) Savings Plan reported participants rose from 2,794 in the plan year 2022 filing to 3,008 in the plan year 2023 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Process Equipment Group 401(k) Savings Plan reports 3,008 participants - 5.6x that state average ($512M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $437M |
|---|---|
| Net Assets (End of Year) | $512M |
| Net Income | $69M |
| Employer EIN | 261342272 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hillenbrand, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 4,180 | $685M |
| 2023 | 2 | 3,526 | $700M |
| 2024 | 2 | 2,032 | $575M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Process Equipment Group 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Process Equipment Group 401(k) Savings Plan by total assets, not by location.
- Kilpatrick Townsend & Stockton LLP Retirement Savings Plan (GA) $512M · 806
- Irvine Company Unified Savings Plan (CA) $512M · 3,422
- Sound Physicians 401(k) Plan (WA) $511M · 4,956
- Aaa Club Alliance Inc. 401(k) Retirement Savings Plan (DE) $511M · 4,756
Frequently Asked Questions
How did Process Equipment Group 401(k) Savings Plan assets move in 2023? ▼
How have Hillenbrand, Inc. plan assets changed over time? ▼
Where does Process Equipment Group 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Process Equipment Group 401(k) Savings Plan? ▼
Next read for Process Equipment Group 401(k) Savings P…
Filing takeaways
Ways to act on Process Equipment Group 401(k) Savings Plan's numbers.
- By total assets, Process Equipment Group 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
- Hillenbrand, Inc.'s sponsor-wide assets have declined 16.1% since 2022 across 3 plan years on file. More Management of Enterprises plans